No, the country Indonesia, is not located in Europe and is not a member of the European Union. It is located in Southeast Asia and Oceania between the Indian and the pacific ocean.
In recent years, the EU and Indonesia have developed closer ties. On July 18, 2016, negotiations for an EU-Indonesia free trade agreement (FTA) began after fruitful exploratory talks. There have already been eleven rounds.
The Partnership and Cooperation Agreement, which sets the framework for the overall relationship between the EU and Indonesia, is intended to be strengthened by the FTA. The agreement becomes effective on May 1, 2014.
Since joining the WTO in 1995, Indonesia has benefited from trade preferences provided by the EU’s Generalized Scheme of Preferences (GSP), which entitles around 30% of Indonesia’s total imports to lower levies.
